New information seems to emerge every day showing the profound weakness of the capitalist

economy as the coronavirus pandemic continues to rage.

Meanwhile, the new Biden administration is showing signs of backpedaling on their already

insufficient stimulus proposal as it seeks to forge unity with the Republicans and the right wing.

We need a new system. We need a new society.

We need to demand that which may have sounded impossible even a few weeks ago,

but is not only realizable, but an imperative necessity. The Deepening unemployment, a looming wave of evictions, massive and widening inequality,

there's no denying it. Capitalism is in crisis and capitalism

is the crisis. We are excited to have Professor Richard Wolfe join us for our regular weekly

segment where we discuss the biggest stories related to the economy, the state of the working

class, and the crimes of big business.

We talk about the economy and how it could be reconstituted on a new basis so that the needs

of people and the planet come before profit. Richard Wolfe is the co-founder of the organization

Democracy at Work and the author of many books, the latest being,

The System is the Sickness when Capitalism Fails to Save Us from the Pandemics or itself.

Be sure to check out his work at rd.wulf.com and Wolf is spelled WOLFF, so it's R-D-W-O-L-F-F.com.

Professor Wolf, welcome back.

Thank you.

Glad to be here.

There's four big stories we want to cover.

One is we're looking at a survey that says that the loss of jobs globally from COVID is four times greater than the 2009

financial crisis. We want to talk about that. We also want to talk about the so-called

...